A Tale of Two Cities

Posted by

A city and its inhabitants that used to be seemingly impervious to any thought of recessionary news must be ill at ease with the dire forecasts from Deutsche Bank. While other cities are slowly recovering, it seems as though the New York City area is only beginning the downward trend in home prices. It’s well recorded that commercial real estate is suffering from a lack of clientele so it seems as though residential real estate will follow a similar path.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s